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  2. Affordable Housing and High Road Jobs Act - Wikipedia

    en.wikipedia.org/wiki/Affordable_Housing_and...

    The Affordable Housing and High Road Jobs Act of 2022 (AB 2011) is a California statute which allows for a CEQA-exempt, ministerial, by-right approval for affordable housing on commercially zoned lands, and also allows such approvals for mixed-income housing along commercial corridors, provided that such housing projects satisfy specific criteria of affordability, labor, and environment and ...

  3. Affordable Housing on Faith and Higher Education Lands Act

    en.wikipedia.org/wiki/Affordable_Housing_on...

    The Affordable Housing on Faith and Higher Education Lands Act (Senate Bill 4) is a 2023 California statute which makes it legal for faith-based institutions and non-profit colleges to build affordable, multi-family homes on lands they own by streamlining the permitting process and overriding local zoning restrictions.

  4. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    In 2023, the LIHTC program is estimated to cost the government an average of $13.5 billion annually. [1] A 2018 report by the GAO covering the years 2011-2015 found that the LIHTC program financed about 50,000 low-income rental units annually, with median costs per unit for new construction ranging from $126,000 in Texas to $326,000 in California.

  5. Editorial: California cities want to stop fast-tracking ... - AOL

    www.aol.com/news/editorial-california-cities...

    To end homelessness, California must build more housing, especially affordable housing. SB 35 has helped speed up affordable developments. It should be continued and expanded.

  6. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    All U.S. states are automatically eligible for HOME funds, and each receives a minimum of $3 million for the program, while local governments receive a minimum of $500,000 (unless the United States Congress assigns $1.5 billion or less to the program, in which case they receive a minimum of $335,000). [2]

  7. California wants to increase affordable housing. A bill would ...

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  8. California needs affordable housing now. Repealing this ... - AOL

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  9. 80/20 housing - Wikipedia

    en.wikipedia.org/wiki/80/20_housing

    In the United States, 80/20 housing is multifamily housing program that meets federal guidelines for tax-exempt financing. [ 1 ] 80/20 housing developments reserve 20 percent of units as affordable housing , only to be rented by low-income residents, leaving the remaining 80 percent of units to be rented at the typical market rate. [ 2 ]

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